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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Tue, February 7, 2023 | 00:37

LG Uplus, Naver join hands for music business

LG Uplus, Naver join hands for music business

LG Uplus, a mobile network operator affiliate of LG Group, and Naver, the operator of the country's largest online portal, have teamed up to provide integrated music and entertainment media services, according to the two firms, Wednesday. The LG affiliate said its users will be able to stream music without limits on Vibe, a Naver-operated music streaming service, for a monthl...

Lee Kyung-min | 2023-01-18 16:12

SK On likely to benefit from Virginia's refusal to accommodate CATL

SK On likely to benefit from Virginia's refusal to accommodate CATL

The U.S. state of Virginia cleared a path for Korean electric vehicle (EV) battery manufacturers to expand their presence in the North American market, by refusing Ford Motor's plan to collaborate with China's CATL to build an EV battery plant in the southeastern state, according to industry officials, Wednesday. SK On is particularly seen as the main beneficiary of Virginia ...

Park Jae-hyuk | 2023-01-18 16:10

Lotte Confectionery to invest $56.6 mil. in new ice cream factory in India

Lotte Confectionery to invest $56.6 mil. in new ice cream factory in India

Lotte Confectionery said Wednesday it will invest 70 billion won ($56.6 million) in its ice cream making affiliate in India, Havmor Ice Cream, over the next five years as the confectionery maker tries to strengthen its rapidly growing India business.

2023-01-18 14:04

Biz leaders promote Busan's Expo bid at Davos

Biz leaders promote Busan's Expo bid at Davos

Major Korean business conglomerates are gearing up to promote the southern port city of Busan's bid to host the World Expo 2030 at the World Economic Forum (WEF) held in Davos, Switzerland. According to industry officials, Tuesday, the heads of big business groups, including Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won, arrived in Switzerland t...

Kim Hyun-bin | 2023-01-17 17:26

Weber Shandwick names new head of Korea operations

Weber Shandwick names new head of Korea operations

Weber Shandwick, a global PR agency headquartered in New York, said Tuesday that it promoted Elizabeth Bae to the position of managing director of its Korea operations. Bae will report to Tyler Kim, CEO of its Asia Pacific office, and will oversee the operational and growth strategy of the Korean business.

Lee Hyo-sik | 2023-01-17 17:13

Land Rover release Defender 75th Limited Edition

Land Rover release Defender 75th Limited Edition

Jaguar Land Rover Korea held an event to unveil its limited-edition Land Rover Defender for the first time in Korea, celebrating the 75th anniversary of the model at the D Museum in Seoul, Tuesday. The all-new Defender and classic Defender vehicles, including the Defender 75th Limited Edition, were exhibited.

Kim Hyun-bin | 2023-01-17 17:05

Medytox to build botulinum toxin plant in UAE

Medytox to build botulinum toxin plant in UAE

Medytox plans to build a botulinum toxin plant in the United Arab Emirates (UAE), seeking to capitalize on the country's rapidly growing market for cosmetic beauty products.

Kim Jae-heun | 2023-01-17 17:00

E-Land criticized for cracks in ceiling of dep't store

E-Land criticized for cracks in ceiling of dep't store

E-Land Retail has drawn criticism once again for its safety negligence, after it was revealed that its NC Department Store in Seongnam, Gyeonggi Province, had stayed open despite cracks in the ceiling. Customers noticed the cracks on the second floor on Monday afternoon. The same day, a glass panel for controlling smoke in case of fire also fell from the ceiling on the first ...

Park Jae-hyuk | 2023-01-17 16:38

Hannover Messe fair to focus on digitization, sustainability

Hannover Messe fair to focus on digitization, sustainability

The Hannover Messe 2023, an annual manufacturing industry-focused trade fair, will focus on technologies for digitization and sustainability and highlight efforts to tackle climate change and global supply chain disruptions, an official from the German event organizer said Tuesday. “The Hannover Messe is a worldwide leading fair,” Basilios Triantafillos, global director of De...

Baek Byung-yeul | 2023-01-17 16:19

Transport ministry to advance automated rail operation to prevent accidents

Transport ministry to advance automated rail operation to prevent accidents

The government will accelerate efforts to automate train operations, in the hope of preventing train further accidents, the transport ministry said Tuesday. Also ordered was the resumption of the previous work shift system, scrapping the current one whereby fewer workers of Korail, a state-run rail operator, handle greater train operation-related work.

Lee Kyung-min | 2023-01-17 16:14

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